C
Seller's Agent in 2024
Chloe Gannage
Christie's International Real Estate Sereno
(805) 294-5749
47 Total Sales
1403 Chestnut St Paso Robles, CA 93446
Estimated Value: $999,758 - $1,096,000
5
Beds
3
Baths
1,987
Sq Ft
$529/Sq Ft
Est. Value
Highlights
- No HOA
- Neighborhood Views
- Central Heating and Cooling System
- Paso Robles High School Rated A-
- Laundry Room
- 1-Story Property
About This Home
As of July 2024Located on a coveted street in downtown Paso Robles, 1405 Chestnut St represents an exceptional investment opportunity teeming with rental potential. This property showcases an updated main home, boasting timeless architecture, alongside an attached studio unit and a detached ADU.
The main home, a charming 2-bedroom, 1-bath abode, radiates comfort and character, making it suitable for both long-term and short-term rentals (ensure compliance with local regulations). Meanwhile, the attached unit offers added flexibility to meet the diverse needs of the Paso Robles market. Although the detached ADU requires some attention, it presents an exciting opportunity for renovation and increased rental income.
Envision yourself on the front porch, relishing the enchanting Paso Robles evenings with a glass of local wine in hand, engaging in pleasant conversations with neighbors enjoying their evening strolls. Positioned in downtown Paso Robles, this property grants effortless access to lively shops, eateries, and entertainment venues.
Whether you're a seasoned investor or a first-time buyer eager to capitalize on rental income, this property brims with potential. Seize this opportunity and make 1405 Chestnut St your next investment venture.
Last Agent to Sell the Property
Christie's International Real Estate Sereno License #02209430 Listed on: 03/15/2024
Home Details
Home Type
- Single Family
Year Built
- Built in 1918
Lot Details
- 7,000 Sq Ft Lot
- Density is up to 1 Unit/Acre
- Property is zoned R1
Parking
- 1 Car Garage
Home Design
- Entry on the 1st floor
Interior Spaces
- 1,987 Sq Ft Home
- 1-Story Property
- Family Room with Fireplace
- Neighborhood Views
Bedrooms and Bathrooms
- 5 Bedrooms | 3 Main Level Bedrooms
- 3 Full Bathrooms
Laundry
- Laundry Room
- Laundry in Kitchen
Additional Features
- Suburban Location
- Central Heating and Cooling System
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 6
- Assessor Parcel Number 009021027
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 15, 2024
Closed on
Jun 24, 2024
Sold by
Ziegenbein Kenneth Lee and Ziegenbein Shari L
Bought by
Larry J Morrissey Trust and Morrissey
Seller's Agent
Chloe Gannage
Christie's International Real Estate Sereno
Buyer's Agent
Alessandra McGuckin
Richardson Sotheby's International Realty
List Price
$1,040,000
Sold Price
$1,005,000
Premium/Discount to List
-$35,000
-3.37%
Views
13
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,919
Avg. Annual Appreciation
3.04%
Purchase Details
Listed on
Mar 15, 2024
Closed on
May 21, 2024
Sold by
Ziegenbein Kenneth Lee
Bought by
Ziegenbein Kenneth Lee and Ziegenbein Shari L
Seller's Agent
Chloe Gannage
Christie's International Real Estate Sereno
Buyer's Agent
Alessandra McGuckin
Richardson Sotheby's International Realty
List Price
$1,040,000
Sold Price
$1,005,000
Premium/Discount to List
-$35,000
-3.37%
Views
13
Purchase Details
Closed on
May 21, 2013
Sold by
Ziegenbein Shari Lyn
Bought by
Ziegenbein Kenneth Lee
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
3.37%
Mortgage Type
Commercial
Purchase Details
Closed on
Apr 27, 2002
Sold by
Ziegenbein June A
Bought by
Ziegenbein June A
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Larry J Morrissey Trust | $1,005,000 | First American Title | |
| Ziegenbein Kenneth Lee | -- | None Listed On Document | |
| Ziegenbein Kenneth Lee | -- | Fidelity National Title Co | |
| Ziegenbein Kenneth Lee | -- | Fidelity National Title Co | |
| Ziegenbein June A | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Ziegenbein Kenneth Lee | $35,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/03/2024 07/03/24 | Sold | $1,005,000 | -3.4% | $506 / Sq Ft |
| 06/09/2024 06/09/24 | Price Changed | $1,040,000 | 0.0% | $523 / Sq Ft |
| 06/09/2024 06/09/24 | For Sale | $1,040,000 | +3.5% | $523 / Sq Ft |
| 05/18/2024 05/18/24 | Off Market | $1,005,000 | -- | -- |
| 04/15/2024 04/15/24 | Price Changed | $1,070,000 | -2.3% | $539 / Sq Ft |
| 03/15/2024 03/15/24 | For Sale | $1,095,000 | -- | $551 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $2,803 | $783,838 | $303,848 | $479,990 |
| 2024 | $2,756 | $259,115 | $147,594 | $111,521 |
| 2023 | $2,756 | $254,035 | $144,700 | $109,335 |
| 2022 | $2,713 | $249,055 | $141,863 | $107,192 |
| 2021 | $2,665 | $244,173 | $139,082 | $105,091 |
| 2020 | $2,628 | $241,670 | $137,656 | $104,014 |
| 2019 | $2,589 | $236,932 | $134,957 | $101,975 |
| 2018 | $2,553 | $232,287 | $132,311 | $99,976 |
| 2017 | $2,399 | $227,733 | $129,717 | $98,016 |
| 2016 | $2,350 | $223,269 | $127,174 | $96,095 |
| 2015 | $2,340 | $219,916 | $125,264 | $94,652 |
| 2014 | $1,949 | $180,070 | $120,051 | $60,019 |
Source: Public Records
Agents Affiliated with this Home
-
Chloe Gannage
-
Alessandra McGuckin
Buyer's Agent in 2024
Alessandra McGuckin
Richardson Sotheby's International Realty
(805) 490-2629
84 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SC24049595
APN: 009-021-027
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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